What the Valley must do

Population growth masked the San Joaquin Valley’s structural economic problems until 2008. Now that a housing-based economy is revealed as unsustainable, what economic engines should the Valley build to achieve prosperity?

Jerry Nickelsburg, an adjunct economics professor at UCLA, answers with a strong essay.  

“Appalachia addressed its depression by looking inward—blaming coal policy, big government, environmentalists, and whomever else for slow growth and a lack of good jobs. Your counties can adopt the same strategy and go down into the same hole by blaming Sacramento for taxation, land-use policy, and environmental and business regulation. If you do that, you can expect a similar outcome. Or, you can look outward to link yourselves to the world economy and create new wealth and new economic engines.”

Definitely worth a read.

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    Michael Fitzgerald

    Mike Fitzgerald is The Record’s award-winning metro columnist. His column runs in the paper three times a week. Born in San Francisco, he was raised in Stockton. His column covers diverse beats including, sometimes, the offbeat. Read Full
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